Milling & Baking News - June 9, 2015 - (Page 1)

THE NEWS WEEKLY OF GRAIN-BASED FOODS JUNE 9, 2015 bakingbusiness.com / foodbusinessnews.net PIZZA UPDATE Flowers Foods, others jousting in various bread categories A pare down in pizza Manufacturers are making ingredient changes to meet consumer demands Story on Page 30 LATE NEWS Poultry lost to A.I. tops 46.2 million WASHINGTON - More than 46.2 million poultry have died or been euthanized since December due to the outbreak of highly pathogenic avian influenza (H5N2), the U.S. Department of Agriculture said late last week. There were 212 detections in 15 states as of June 3, with 13 cases pending. The total includes 38.63 million chickens, equal to about 13% of the national laying flock and 40% of the processing egg laying flock, 7.53 million turkeys and 78,633 mixed poultry. Iowa, the top-producing processing egg state with about 20% of the national flock, has lost nearly 29 million hens, equal to half of the Continued on Page 8 THOMASVILLE, GA. - As Flowers Foods, Inc. seeks to gain share in the premium and breakfast bread categories, it is fighting off incursions by others in the soft premium segment. The status of these battles as well as significant share shifts in store brand bread sales were the subject of considerable discussion May 29 in a Flowers Foods conference call with investment analysts. Net income of Flowers Foods in the first quarter was $61,389,000, or 29c per share on the common stock, up 0.5% from $61,066,000, or 29c per share, in the same quarter in fiscal 2014. Net sales were $1,146,045,000, down 0.7%. Allen L. Shiver, president and chief executive officer, described the results in the first quarter as evidence of progress toward profitable growth. Sales of higher margin branded and food service products, favorable ingredient costs and improved manufacturing efficiencies helped widen margins, he said. EBITDA in the company's D.S.D. segment was $134.4 million, up 2.1% from $131.6 million in the same quarter last year. Sales were $966.2 million, up 0.3%. Branded sales were up 1% while store brand sales slid 10%. While sales were nearly flat in the segment, Mr. Shiver was upbeat about what the results suggested for the future. "Going forward, I expect that our focus on growing our branded sales will result in long-term value creation," he said. Warehouse segment EBITDA in the first quarter was $21.1 million, up 12% from $18.8 million the year before. Sales Continued on Page 18 Food Ingredient Solutions® Staying fresh while going clean Be sure to keep shelf life intact when making ingredient changes F " resh" has rung out as a positive term in baking for a while. In recent years "clean," as in clean or simple ingredient lists, has taken on a positive connotation as well. Combining the two terms in one grain-based food product may take some work, though. Formulators may want to ask three questions before taking on that task, said Paul Bright, innovation manager for AB Mauri North America, St. Louis. How does the clean label product compare to standard chemical products in the particular application that companies are interested in? Will the supplier of the clean label system help support implementation of it during product testing? What are the cost-in-use differences between clean label systems and chemical alternatives? "AB Mauri recognizes that today's baking industry is constantly looking for label-friendly solutions to replace traditional shelf life extension chemicals such as monoglycerides, diglycerides and sodium stearoyl-2-lactylate (SSL)," he said. The International Food Information Continued on Page 26 http://www.bakingbusiness.com http://www.foodbusinessnews.net

Table of Contents for the Digital Edition of Milling & Baking News - June 9, 2015

Milling & Baking News - June 9, 2015
Flowers Foods, others jousting in various bread categories
Food Ingredient Solutions - Staying fresh while going clean
Late News - Poultry lost to A.I. tops 46.2 million
Table of Contents
News Comment - Picture becomes clearer in Mondelez case
Editorial - Time to fight back our enemies
Late News
Business - East Balt Bakeries to acquire Wendy’s baking operation
Speculation mounts over possible bidders for Hostess Brands
ADM acquires tree nut and seed processing assets in California
Mondelez International making strides in mindful snacking
Bunge pleased with progress of food business, c.f.o. says
Campbell sees R.&D. synergies between Pepperidge, Arnott’s and Kelsen
Major reversal in fight over use of Pretzel Crisps mark
Ebro into value-added rice market, acquiring RiceTec in Texas
Maplehurst investing $103 million to build Tennessee baking plant
Financial Results - Tate & Lyle showing itself to be more than just a sucralose supplier
Industry Activities - Millers in Washington discuss G.M.O. labeling, nutrition
Egg price outlook described as ‘impossible’ amid bird flu crisis
Education and Research - Groundbreaking held for National Bio- and Agro-Defense Facility
Exports and Trade Issues - Another small increase for world flour exports forecast for 2015-16 season
More ways to extend shelf life
Pizza Update - A pare down in pizza
Merchandising - Hostess, Carl’s Jr. team up on Ding Dong ice cream sandwich
Clif Bar c.e.o. makes splash on ‘American Ninja Warrior
Olive Garden introduces Breadstick Bun Sandwiches
Ingredient Market Trends - I.G.C. raises 2015-16 world wheat production forecast
Ingredient Week
Supplier Innovations
Classifieds
Marketplace Business Network
Ad Index
Archive

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